|
|
News Breaks | | | | December 17, 2012 | | 18:28 EDT |  | PNCL, PNCLQ, DAL | Pinnacle Airlines reaches tentative agreement with ALPA
Pinnacle Airlines Corp.'s wholly owned subsidiary, Pinnacle Airlines, announced that it has reached a tentative agreement with the Air Line Pilots Association, ALPA, the legal representative of the Pinnacle Airlines pilot group on cost reductions that cover pay, retirement, work rules and benefits. A separate agreement was reached among Pinnacle Airlines, Pinnacle pilots and Delta Air Lines (DAL) that includes long-term career opportunities and the addition of 40 CRJ-900s to the Pinnacle fleet. With this agreement, Pinnacle's long-term fleet plan has been established at 81 CRJ-900 aircraft. The CRJ-900 deliveries are planned for the fall 2013 and are planned to be completed by year-end 2014. Pinnacle will remove its 140 CRJ-200 aircraft from the fleet over the next two to three years. ALPA members will have the opportunity to vote on the tentative agreement in January and, if approved, the changes would become effective when similar changes are implemented for Pinnacle's other labor groups and non-union employees. The tentative agreement also remains subject to approval and review by the Bankruptcy Court. | |
|
News For PNCL;PNCLQ;DAL From The Last 14 Days Check below for free stories on PNCL;PNCLQ;DAL the last two weeks. |
|
|
| May 16, 2013 | | 08:28 EDT |  | DAL | EU to decide on Delta, Virgin deal next month, Reuters reports
EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49% stake in Virgin Atlantic, reports Reuters. Reference Link | | | May 15, 2013 | | 09:29 EDT | | DAL | Delta Air Lines says expects 'record' June quarter
 Subscribe for More Information | | | May 14, 2013 | | 07:17 EDT |  | DAL | BofA/Merrill to host a conference
Subscribe for More Information | | | May 10, 2013 | | 06:47 EDT | | DAL | Delta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link | | | May 9, 2013 | | 10:53 EDT | | DAL | Gol Linhas, Delta expand codeshare agreement
Subscribe for More Information | | | May 8, 2013 | | 12:20 EDT |  | DAL | On The Fly: Midday Wrap
Subscribe for More Information | | | 12:03 EDT |  | DAL | Delta Air Lines price target raised to $23 from $20 at Imperial Capital
Imperial Capital raised its price target for Delta Air Lines after the company established a dividend and announced a share repurchase program. The firm keeps an Outperform rating on the stock. | | | 09:24 EDT | | DAL | On The Fly: Pre-market Movers
UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer. | | | 08:04 EDT | | DAL | Delta Air Lines announces capital deployment program
Subscribe for More Information | | | 08:02 EDT | | DAL | Delta Air Lines board authorizes $500M share repurchase program
The program will be completed no later than June 30, 2016. | | | | 08:02 EDT | | DAL | Delta Air Lines initiates quarterly dividend of 6c
Subscribe for More Information | | | 05:44 EDT | | DAL | U.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link | |
|
|
|
|
|
|
